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goes down? do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists, author laffer, and digital politics editor, and former bush adviser brad blakeman to separate facts from fiction in the world of presidential polls and strategies. early voting has presidential votes cast in more than half the country by next week. shannon has our report. the president's poll numbers in ohio getting a boost from stronger economic numbers, but there's head winds pressuring the campaign. the white house chief correspondent, ed henry, reports. >> since early voting starts tuesday here in ohio, it was a familiar script for president obama on his 29th visit to the buckeye
a record deficit when he came into office. >> does it work to keep talking about what happened before? >> only to put in context of where he wants to take the country. we were handed a record debt. record deficit when we walked in because of two wars that weren't paid for, two tax cuts that weren't paid for. because of the economic crisis we had to take emergency action. he would do that same thing today. we saved millions of american families from the severe -- most severe economic crisis we've seen in our life times. now the president cut a trillion dollars and he has a plan to do more, a $4 trillion deficit reduction plan. the only person on that stage tonight with a real deficit reduction plan scored by the cbo, you know, scored by independent economists is barack obama. mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this wee
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he is not going to go line-by-line through the budget. but let's hold the president to the same standard and criticize him as well, because how does he create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how will he reduce $4 trillion in debt? we're still waiting to hear what he thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us specifics. so let's be fair here. >> so that's really the approach then? you're a former prosecutor. you understand how the courtroom works. mitt r
deficit. they have to deal with the deficit. but once you're done with the deficit you have to rebuild the middle class in this country and nobody is paying much attention to that. we have a lot of rhetoric in the campaign but-- >> but the necessary done to help the middle class is to nail down the fiscal issues. if we don't nail down the fiscal issues, i don't think anything will matter. >> but i'm with you, i think it will happen because of necessity, because of the fiscal cliff. >> what it will take to rebuild the middle class? >> it's taken three decades to basically decimate the middle class. it will take something like that to rebuild it. but we have to be dedicated to that. we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i thi
talking about the deficit. much of the reason is that when you look at states, iowa and new hampshire in particular, this is an issue that resonates as an almost psychic quality that resonates in this region. i think that that is one thing to keep in mind, one of the ways in which you have these kind of strands that don't always coherent way that works for you. i think that that is one thing to keep in mind. you know, it's really interesting to think about. you have this vaccination for much of the country. the broader swath of the electorate. .. gotten it right in talking about how we actually care about the safety. it matters a lot in a free enterprise society geared we actually need to have this. or it's not actually some kind of saying that we garnish on this ballot, but an incredibly important part of making the whole system work. the problem is that ryan, the reason he excited at this as further reason, the way he gives a very apocalyptic language of the threats to free a price and what have you. that is one reasons why governors have a big advantage over legislators. someone li
vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video of twin bombings at the headquarters in damascus. the first b
beating a drum about the deficit which is important but when you look at the concerns of american, let's look at the top five concerns. one, the economy. two, jobs. three, health care. four, education. five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining gr
want to pay 1 dollar for it. dilemma has three governors in prison for $15 billion deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were t
came in office. i inner hadited the biggest deficit in our history. the last four years it went up and 90 percent is consequence of two wars that were not paid for and tax cut that is were not paid for . prescription drug plan not paid for and worst economic crisis since the great depression. that accounts for 10 percent of the increase in the deficit. >> brian: front page of the new york times. stuart rather thaney it is over one trillion. every budget when they do the math he is over budget by a trillion dollars. >> gretchen: he said 10 percent. wars and the horrible recession he was begin that only accounts for 10 percent. >> yes. >> gretchen: what about the other 90 percent? >> steve: george bushes fault? >> gretchen: i am anding a question. >> you are exposing the attitude of the establishment media to all of president obama and his economic record. break it down. the president said i am only 10 percent responsible for a massive accumulation of debt. he is a big spender, a very big spender and that's the principle reason why we have a massive deficit of trillion a year. he has
the deficit and debt. virtually every poll. who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienaing these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of every stum
and greece are doing is trying to cut the budget deficit with 25% unemployment, and doing it when bond yields are too high to be able to dip into the market, especially for greece. so these countries have been forced to do this by the markets, brooke, not by politicians. their hand has been forced and now they're telling their people on streets they have got to be the ones that suffer the most. ironically, of course, the u.s. treasury have benefitted from all the european upheaval. it made it easier for the u.s. not to make the tough choices at this moment. any country trying to cut the budget deficit, it is harder to do while that country is in recession. it actually makes the recession worse, which makes it -- it has to be more cuts in order to meet the deficit targets. it is nearly impossible to see how the countries can do that. >> so you point out, you negotiation unemployment rate 25% in spain, running down more numbers, 54% of greeks under age 25 are unemployed. are major spending cuts raising retirement age here to 67, will that work for spain and greece? >> well, over time it should
voters have no idea what you're talk about. >> the number in the times front page story about the deficit and, you know, the fourth straight year of trillion plus deficit, these are things that concern -- >> the american voters. >> and a number that resonates. talk about trillion dollar deficits an every normal person is going to go what are we doing. >> let's be clear about that ad. the ad is a strong ad, but generally candidates do straight to camera ads when they feel like they're in trouble. president obama did his one and only after the welfare ads started to hurt him, you didn't build that, he went straight to camera. romney's ad is a response to the 47% and what that's doing to him in places including ohio and to go back to curt's point about why romney is personally beyond the economic numbers, the president has had a problem with white working-class vote es for a long time. worse in the south than in the industrial midwest but still there in the industrial midwest. mitt romney is almost like -- almost the jerry built to be the worst possible candidate to talk to white working-cla
the budget. you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulation
for mitt romney. even more specifically than the swing states just ohio and florida, double-digit deficit in florida. almost double-digit deficit in ohio. we can probably win -- there is a slight path to victory without winning ohio, there really isn't one i see without winning florida. and though mitt romney is making a play for ohio and is very committed to competing in those two states we're starting to hear rumblings from smart republicans who say maybe they would be better offon pulling from ohio and investing in florida. and then through some combination of these other swing states which you would almost have to run the table pull out a victory in the electoral college, but the math is tough. >> eliot: when you are down that much in swing states it is tough to get the tech tonic plates to move. what would you counsel him? >> i don't think it's about picking and choosing on the map. when you look at the senate races they are falling apart even more for republicans, which i think may be a leading indicator for romney. it doesn't make sense to me that ohio florida,
to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock najs that this is an important opportunity in her debate. people have a tendency to focus on the small things, like the color of a candidate's tie or the dramatic one liners, which is his need to get across the big picture message. he says if he does that, he thinks he can be effective over the course of the next three debates and ultimately win this thing. we heard this morning from governor chris christie of new jersey, i want to play you another clip from new jersey this morning. chris christ >> and so they're going start t
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
. not just policy differences. you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid of government and give you a voucher, find medicare on your own. here comes romney and he sort of fits the mold. he's a 1 percenter. he shows no empathy, even before the 47%. >> a pure market guy. >> they use bain, from the beginning, as cynthia noted, as a value. he's out there making money. i'm thinking of wider ames and goals. >> a new bloomberg goal that has president obama leading mitt romney by six points nationally. for one big reason, half of the polls say they have an unfavorable view of mitt romney. bloomberg reports, this is a september high for a presidential challenger i
a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with choina on auto parts. today it's $10 billion. that's why the president at the ur urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american manufacturing, standing up for american workers against china. we have a new steel mill. we're seeing jobs actually come to this country or stay in this country because we're standing up and enforcing trade rules. >> romney and the republicans keep talking about another tax cut for the job creators. don't we just see them increasing their profits by outsourcing this way? i mean, the model that romney wants to lay on the country, how could it be good for workers in ohio? >> well, it's not. we tried these tax cuts for the rich. hoping it trickles down to the middle class, it doesn't work. what works is when you build t
bowles are key candidates. they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you. >> seema, thanks. >>> robert griffin iii ran for 323 yards and ran for another 43. tampa bay clawed their way back and led by a point with less than two minutes left, but redskins kicker billy cundiff, who missed three field goals later in the game proves to be the hero in this one. he nailed a 41-yard field goal with no time left to win it for washington. >> it was a great play for him. he redeemed himself with that kick to help us win the game. we all have things we have to get better at. for him, it was a good confidence kick for him, seeing that he didn't make the rest of them
in the end a president piled up huge deficits that will cripple our children and grandchildren. look at the mess in the middle east where the president for ten days didn't tell the american people the truth about what happened in the death of an american ambassador. there's plenty of ammunition. but it has to be delivered in a firm systemically order way and people look up and go that's right. there's a simple test here. do you want four more years of obama? do you think this is the right direction? or do you think we need something new? i think a campaign which made that case clearly enough would carry ohio and florida by big margins. >> mitt romney was in westerville, ohio, today. i want to play a little clip of part of something he said and get your reaction to it. listen. >> okay. >> i want to bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> so he's trying to combine if i take it right the tax and the deficit argument. do you think that's a little too complicated for voters? do you think that re
problems, which are the debt, the deficit, the fundamentals of us spending too much, in time to reform has to be put in place as does tax reform. host: there was a story taking a look at the defense industry yesterday. guest: we are in a tight spot. there is a lot has been on the books since the 1980's that requires you give your employees notice, 60 days usually and 90 in the new york, if you're going to have massive layoffs. that is what is already taking place. we have massive defense cuts last summer when the budget control act went into place. $487 billion cut. a lot of that is now forcing companies to close facilities. to really pull back because there is no choice. host: a covers the situation, we do not even know what will happen yet and yet they are taking place. guest: it covers any situation where you have to do these massive layoffs. last summer congress already took a huge whack out of defense. now we are anticipating in january we will be in the same spot. companies have an obligation to their employees. they have a responsibility to their shareholders. if you know something
the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the national polls are coming back a little bit, some of the swing state polls are tightening, is a bit of an earn couragement for romney that he still has an opportunity for deficit with three or four points to change the dynamic in some way. he's got to hope that obama is not on his best game. you could have a scenario that like what happened in 2000 where george w. bush moved significantly without gore and ultimately became president. >> it's interesting that the poll also shows, as you mention, this 12% of swingable votes in the middle that he could potentially get a hold of. also ensuring that the big money continues to back him moving forwa
if it had not happen we would be talking about economy, deficits, jobs and affordable care act. if mitt romney is going to use this successfully he needs not only to make this critique and point out this is broader frame as seeing the president disengaged not up to the job, giving it his best and failing on behalf of the american people and relate that to the dough messtic economy as well. bill: when the debate number one is rather is week from today. carl, thank you. karl rove in washington on that. here is martha. martha: there are violent protests breaking out about big government spending cuts. look at these scenes. why thousands of people are taking to the streets in spain and what it could mean for your wallet here at home. we'll be right back. [shouting] [gunfire] [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we're not in london, are we? no. why? appar
's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction. >> what our assessment is as of the president is in fact what it began spontaneously in benghazi as a reaction to what had transpired some hours earlier in cairo. >> but as fox news reports, the administration knew within the first 24 hours that it was a terrorist attack. so why were americans left in the dark and how could potential coverup impact the election? here for fair and balanced debate is fox news contributor angela mcglowan and mclavigne. this seems like a big problem for the president. >> i don't see it that way. look, the president came out the morning after the attacks on september 12th. came o
Search Results 0 to 49 of about 142 (some duplicates have been removed)